Larry Hatheway
Showing 1–2 of 2 transcripts.
- Milken Institute56 min
Global Overview
Zanny Minton Beddoes, Willem Buiter, Sir Paul Collier, Larry Hatheway, Ana Palacio, Paul Collier
Economists Willem Buiter, Paul Collier, and Larry Hathaway warn of a 2016 global recession driven by elevated debt, China's overstated growth, and the collapse of emerging market models, while Anna Palacio cautions that political fragmentation and the rise of populism in the US and Europe threaten globalization. The panelists argue that advanced economies face deep structural unemployment and demographic stagnation, prompting divergent prescriptions ranging from Buiter's "helicopter money" proposals to Collier's advocacy for civic over ethnic identity. Despite these divisions, the group identifies emerging consensus on urgent collective action for climate change and health crises, alongside calls for massive public infrastructure investment to restart economic momentum.
- Milken Institute1h 0m
Global Overview with Opening Remarks
Zanny Minton Beddoes, Willem Buiter, Sir Paul Collier, Larry Hatheway, Ana Palacio, Paul Collier
At the Milken Institute London Summit, a panel including Willem Buiter, Anna Palacio, and Paul Collier convened at the Grand Connaught Rooms to address a deteriorating global economic outlook driven by Chinese debt and geopolitical instability. The experts characterized the current era as one of political paralysis and rising populism, while debating whether diversity or nationalism better sustains European social capital. Their discussion concluded with urgent policy recommendations ranging from helicopter money and guaranteed income to massive public infrastructure investment to restore growth and mitigate inequality.